Ecopetrol S A shows Standard Deviation of 0.6534, Mean Deviation of 0.498 and Coefficient Of Variation of 251.01. Ecopetrol S A technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found eighteen technical drivers for Ecopetrol S A which can be compared to its rivals. Please confirm Ecopetrol S A Value At Risk, Expected Short fall and the relationship between Treynor Ratio and Downside Variance to decide if Ecopetrol S A is priced favorably providing market reflects its regular price of 9.97 per share. Given that Ecopetrol S has Treynor Ratio of 0.2896, we urge you verify Ecopetrol S A prevailing market performance to make sure the company can sustain itself at future point.
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Ecopetrol S A Trend AnalysisUse this graph to draw trend lines for Ecopetrol S A. You can use it to identify possible trend reversals for Ecopetrol S as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ecopetrol S price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Ecopetrol S Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Ecopetrol S A applied against its price change over selected period. The best fit line has a slop of 0.015245 % which suggests that Ecopetrol S A will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted Ecopetrol S price change compared to its average price change.
Ecopetrol S A is rated below average in mean deviation category among related companies. It is rated below average in standard deviation category among related companies creating about 1.31 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Ecopetrol S A is roughly 1.31